graphic represents Gate City Bank as number 2 on Forbes 2022 list of best banks in the US

Gate City Bank Ranks #2 in US on Forbes’ 2022 List of World’s Best Banks

FARGO, ND – For the second consecutive year, Gate City Bank has made Forbes’ list of World’s Best Banks, claiming the #2 spot in the U.S. for 2022.

This recognition, according to Forbes, is in response to the bank earning customer trust by delivering excellent service, innovative solutions, exceptional financial advice and overall satisfaction, which includes commitment to communities, particularly through philanthropic giving and team member volunteerism.

“We were elated with our #4 ranking last year. To now move to the #2 spot this year is truly an honor, and it absolutely wouldn’t be possible without our incredible team members,” says Kevin Hanson, President & CEO. “They share our passion for our purpose, which is to create a better way of life for customers, communities and one another every day.” 

How Gate City Bank Made the 2022 List of World’s Best Banks.

Whether it’s providing company time to volunteer with a charity of choice, fostering a workplace culture that’s based around having fun, constantly giving back to communities or promoting diversity and innovation, Gate City Bank truly provides a better way of life, and it comes from empowering team members to make an impact.

Plus, everything Gate City Bank team members do is shaped by the bank’s Principles of High Standards:

  • Make a Difference

    Give back to communities by making an impactful difference through volunteerism and philanthropic giving.

  • Customer Obsession

    Exceed expectations by going above and beyond. Listen, delight, enhance and personalize experiences from beginning to end across all channels for customers, communities and team members.

  • Be a Leader

    Lead with integrity, honesty and innovation to maintain financial leadership with competitive products, services and experiences.

  • Embrace Data and Innovation

    Explore and be curious about new possibilities to create and foster innovation to support strategic goals.

  • Sense of Urgency

    Act with a sense of urgency to proactively initiate positive change, allowing Gate City Bank to remain the financial leader.

  • Commitment to Compliance

    Ensure accountability to high standards of compliance and risk mitigation through successful execution of policies, procedures, processes and applicable laws and regulations.

Forbes also recognized Gate City Bank’s innovative products and services. The bank is disrupting the industry through innovation that creates a better way of life for customers, communities and team members. Some examples include:

  • FREE ATMs Anywhere: Checking customers enjoy unlimited ATM fee refunds – worldwide. This has saved customers more than $48 million in fees!
  • BetterLife™ Student Loan: The first and only program of its kind in the nation, it helps people pay off student loans faster. It features no fees and a low interest rate. Since 2015, Gate City Bank has helped over 3,200 customers save more than $32.2 million in student loan interest. That’s an average of $9,860 per customer!
  • #1 Mortgage Lender: Gate City Bank is the #1 mortgage lender in North Dakota.
  • Locally Approved, Serviced and Financed Loans: The bank’s pre-approvals are trusted by real estate agents and sellers, and they’re extremely quick and easy.
  • My School Spirit Debit Cards: For loyal fans, Gate City Bank offers debit cards that have high school and college colors and mascots. The bank donates $10 for every card ordered. It has donated over $155,000 to local high schools and colleges through this program.

Forbes also recognized Gate City Bank’s significant focus on community giving. Team members have provided:

Our Giving at a Glance:

$36.6M
in Philanthropic Giving
285,000
Hours of Team
Volunteerism
1,000
Charities Helped
100
Years of Community Involvement

The bank also promotes team member empowerment, leadership diversity and an amazing workplace culture where one-third of referrals for new team members comes from existing team members.

Pursuing a Better Tomorrow – Together.

Forbes has recognized that, for 99 years, Gate City Bank has been committed to helping customers, communities and team members create a better way of life. According to the bank’s leadership, that vision will never change, and Gate City Bank looks forward to making a difference through giving and innovation for years to come, while continuing to be one of the World’s Best Banks.

More [Good News] Where That Came From!

happy Gate City Bank team member volunteers on sunny day by sorting bank’s blue bags

About Us

At Gate City Bank, we have a wonderful story to tell. It's aligned with our core purpose, focusing on investing in our customers, communities and team members. Learn more about us!

Joyful Gate City Bank team members volunteer for a local food pantry b sorting donated items

Our People

At Gate City Bank, our customers, communities and team members inspire everything that we are – they’re our people. Learn more about them through heartwarming stories and testimonials!

happy group cuts ribbon with scissors for West Fargo Eats ceremony

Our Commitment

At Gate City Bank, giving back to the communities where we live and work is at the core of who we are. Learn about all the innovative ways we’re making a difference throughout North Dakota and central Minnesota.